How To Get The Best Deal When Buying A Business
Successful negotiations require a win/win situation for both buyer and seller. Remember you most likely will need the seller to assist you over the initial transition period. Giving up something in negotiating a deal can be a huge win for a buyer over the long term. Up to this stage you may have been dealing […]
Looking For A Business To Buy – The Crazy Business Search Maze
Looking for a business to buy is like entering a maze. Business Brokers don’t have a buyers interest at heart. Unless you want to buy one of their listings, they won’t waste time on you – they act for the seller. Engaging an exclusive buyers advocate to find you the right business will save you […]
How to Assess a Business for Sale? Checklist – Business Assessment
When looking to buy a business it is critical to conduct a thorough business assessment of the business for sale. A business assessment checklist should include all aspects of the target company to understand its true value, underlying risks, and potential for growth. How to Assess a Business for Sale? Business Assessment Checklist. Before purchasing […]
Found A Business To Buy – Stop And Look For What’s Not There
When looking at buying a business typically a business profile or information memorandum will assist you with assessing the business. The challenge is to gather the information that has not been provided. Visit the business as a customer, observe staff and the surroundings, meet the vendor, know the competition and do your own investigations or […]
Corporate Acquisitions When Not For Sale Means For Sale
For corporate acquisitions, being discreet is the number one priority. Investigating businesses that match specific Key Performance Indicators, researching their performance and making contact as an independent third party is a skill that requires timing and understanding. Companies and private equity firms are continually looking to expand their portfolio or acquire a bolt on business to compliment […]
Why BBA – Want To Save Time, Money And Stress
BBA is an exclusive business buyer agency. Whilst we deal with business brokers every day we are not affiliated with any and are totally impartial. When we research business for our clients, we have NO obligation to a broker or brokerage firm – we are totally independent. BBA is an exclusive business buyer agency. Whilst […]
What Is A Business Buyers Advocate And What Is Not
True Business Buyers Advocates ONLY work for buyers. They have no direct affiliation with a Business Brokerage firm, in other words, they are NOT employed by a Business Brokerage firm, they are NOT Business Brokers – they are totally independent. A buyers advocate is common in the real estate industry. People looking at buying a […]
Buying A Business – It’s Not All About Price.
When looking at a business to buy, price is the last thing to consider. What’s important is the actual operations, systems, procedures, staff, location, financials, competition and growth opportunities. Determining the price is always the last piece of the puzzle. When looking at buying a business and searching on various websites, one search category is […]
What is a Business Profile or Information Memorandum?
A Business Profile or Information Memorandum is a comprehensive document that provides detailed information about a business for sale to potential buyers or investors. It is a valuable tool when selling your business. What is a Business Profile or Information Memorandum for a Business for Sale? A Business Profile or Information Memorandum is a comprehensive […]
Buying A Walk In Walk Out Business – WIWO Beware!
If a business is advertised as a Walk In Walk Out (WIWO) be wary. There will be no trial, not subject to finance and you are buying a business with very little information and relying on the sellers’ word. Caveat Emptor – Buyer Beware A Walk in Walk out (WIWO) business for sale is typically […]